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Software AG (SOWGn.DE)

SOWGn.DE on Xetra

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Thu, Oct 25 2018

Software AG hires new sales chief as it prepares strategy update

FRANKFURT, Oct 25 Software AG has appointed a new chief salesman, marking the first key personnel decision by new CEO Sanjay Brahmawar as Germany's No.2 business software company embarks on a strategy review.

Germany's Software AG to consider M&A after strategy review

FRANKFURT Software AG's new chief executive plans to launch a strategy review and look at possible acquisitions in data integration, he said on Friday after the company posted slightly better than expected quarterly results.

UPDATE 1-Germany's Software AG to consider M&A after strategy review

* New CEO eyes acquisitions in data storage (Recasts on CEO strategy review and M&A)

Software AG in slight Q3 beat as industrial internet unit ramps up

FRANKFURT, Oct 19 Software AG, Germany's No.2 business software firm, reported third-quarter profits and sales that slightly beat market expectations as its new industrial internet division achieved triple-digit growth.

UPDATE 1-Software AG Q2 sales in line, slight beat on profit

* Confirms full-year guidance (Adds detail on divisions, outlook)

Software AG Q2 sales in line, slight beat on profits

FRANKFURT, July 18 Germany's Software AG reported in-line sales and a slight beat on profits in the second quarter, as its business platform and database divisions recorded solid growth and its new industrial internet division doubled revenues.

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